samaritan

Senior Vice President - Equity Analytics

Posts : 1762Join date : 2015-05-16

So long as this incompetent govt is in power do not expect any good to happen in the CSE. They don't have even an iota of knowledge to attract FDI and have proved to be a failure!. Probably they think FDI is 'Foreign Direct Involvement'.

Next good support is around 5500 area. Do not touch any share at the moment.

Maharaja will update proper support level soon.

Maharaja

Those criticise Maharaja will follow his predictions quietly while criticising him publicly. This time also be will prove his predictions???

Yes Mr.Soil. Maharaja knows when stock prices would go up. :D :D :D

This analysis was based on 2015 yahapalana government policies and FDI targets. ( all their targets failed)And before Central bank robbery by government. Before economy started to crash and before foreign funds started to exit the market.

As soon as I saw the change I changed my predictions.

Wise members will understand Maharaja.Very sad that some people only know to throw mud.

Next good support is around 5500 area. Do not touch any share at the moment.

Maharaja will update proper support level soon.

Maharaja

Those criticise Maharaja will follow his predictions quietly while criticising him publicly. This time also be will prove his predictions???

Yes Mr.Soil. Maharaja knows when stock prices would go up.

This analysis was based on 2015 yahapalana government policies and FDI targets. ( all their targets failed)And before Central bank robbery by government. Before economy started to crash and before foreign funds started to exit the market.

As soon as I saw the change I changed my predictions.

Wise members will understand Maharaja.Very sad that some people only know to throw mud.

Next good support is around 5500 area. Do not touch any share at the moment.

Maharaja will update proper support level soon.

Maharaja

Those criticise Maharaja will follow his predictions quietly while criticising him publicly. This time also be will prove his predictions???

Yes Mr.Soil. Maharaja knows when stock prices would go up.

This analysis was based on 2015 yahapalana government policies and FDI targets. ( all their targets failed)And before Central bank robbery by government. Before economy started to crash and before foreign funds started to exit the market.

As soon as I saw the change I changed my predictions.

Wise members will understand Maharaja.Very sad that some people only know to throw mud.

Next good support is around 5500 area. Do not touch any share at the moment.

Maharaja will update proper support level soon.

Maharaja

Those criticise Maharaja will follow his predictions quietly while criticising him publicly. This time also be will prove his predictions???

Yes Mr.Soil. Maharaja knows when stock prices would go up.

This analysis was based on 2015 yahapalana government policies and FDI targets. ( all their targets failed)And before Central bank robbery by government. Before economy started to crash and before foreign funds started to exit the market.

As soon as I saw the change I changed my predictions.

Wise members will understand Maharaja.Very sad that some people only know to throw mud.

Next good support is around 5500 area. Do not touch any share at the moment.

Maharaja will update proper support level soon.

Maharaja

Those criticise Maharaja will follow his predictions quietly while criticising him publicly. This time also be will prove his predictions???

Yes Mr.Soil. Maharaja knows when stock prices would go up. :D :D :D

This analysis was based on 2015 yahapalana government policies and FDI targets. ( all their targets failed)And before Central bank robbery by government. Before economy started to crash and before foreign funds started to exit the market.

As soon as I saw the change I changed my predictions.

Wise members will understand Maharaja.Very sad that some people only know to throw mud.

Maharaja

I agree with you Maharaja. Your forecasts were based on the prevailing situation at that time until we came to realize that the so called yahapalanaya was really a 'WOLF IN SHEEP'S CLOTHING' by a series of fraudulent acts committed which lead to a virtual collapse of the economy. Most of us believed that Sri Lanka would be a future Hong-Kong but sadly it turned out to be 'Goo-Kong'. Thanks to the so called yahapalana.

THE TRUE PICTURE OF SO CALLED 'YAHAPALANAYA'As investors in the CSE we should certainly favor a regime which could attract FDIs and hence make the nation's economy & CSE flourish. Yahapalanya has miserably failed in that score and the chances are rather remote that they could correct the present plight. Now they are blaming international factors, but the hard truth is the rot started from inside.

Next good support is around 5500 area. Do not touch any share at the moment.

Maharaja will update proper support level soon.

Maharaja

Those criticise Maharaja will follow his predictions quietly while criticising him publicly. This time also be will prove his predictions???

Yes Mr.Soil. Maharaja knows when stock prices would go up.

This analysis was based on 2015 yahapalana government policies and FDI targets. ( all their targets failed)And before Central bank robbery by government. Before economy started to crash and before foreign funds started to exit the market.

As soon as I saw the change I changed my predictions.

Wise members will understand Maharaja.Very sad that some people only know to throw mud.

Maharaja

I agree with you Maharaja. Your forecasts were based on the prevailing situation at that time until we came to realize that the so called yahapalanaya was really a 'WOLF IN SHEEP'S CLOTHING' by a series of fraudulent acts committed which lead to a virtual collapse of the economy. Most of us believed that Sri Lanka would be a future Hong-Kong but sadly it turned out to be 'Goo-Kong'. Thanks to the so called yahapalana.

THE TRUE PICTURE OF SO CALLED 'YAHAPALANAYA'As investors in the CSE we should certainly favor a regime which could attract FDIs and hence make the nation's economy & CSE flourish. Yahapalanya has miserably failed in that score and the chances are rather remote that they could correct the present plight. Now they are blaming international factors, but the hard truth is the rot started from inside.

For me, i could see faces of JO members in the middle of this picture.

Next good support is around 5500 area. Do not touch any share at the moment.

Maharaja will update proper support level soon.

Maharaja

Those criticise Maharaja will follow his predictions quietly while criticising him publicly. This time also be will prove his predictions???

Yes Mr.Soil. Maharaja knows when stock prices would go up.

This analysis was based on 2015 yahapalana government policies and FDI targets. ( all their targets failed)And before Central bank robbery by government. Before economy started to crash and before foreign funds started to exit the market.

As soon as I saw the change I changed my predictions.

Wise members will understand Maharaja.Very sad that some people only know to throw mud.

Maharaja

I agree with you Maharaja. Your forecasts were based on the prevailing situation at that time until we came to realize that the so called yahapalanaya was really a 'WOLF IN SHEEP'S CLOTHING' by a series of fraudulent acts committed which lead to a virtual collapse of the economy. Most of us believed that Sri Lanka would be a future Hong-Kong but sadly it turned out to be 'Goo-Kong'. Thanks to the so called yahapalana.

THE TRUE PICTURE OF SO CALLED 'YAHAPALANAYA'As investors in the CSE we should certainly favor a regime which could attract FDIs and hence make the nation's economy & CSE flourish. Yahapalanya has miserably failed in that score and the chances are rather remote that they could correct the present plight. Now they are blaming international factors, but the hard truth is the rot started from inside.

For me, i could see faces of JO members in the middle of this picture.

Next good support is around 5500 area. Do not touch any share at the moment.

Maharaja will update proper support level soon.

Maharaja

Those criticise Maharaja will follow his predictions quietly while criticising him publicly. This time also be will prove his predictions???

Yes Mr.Soil. Maharaja knows when stock prices would go up.

This analysis was based on 2015 yahapalana government policies and FDI targets. ( all their targets failed)And before Central bank robbery by government. Before economy started to crash and before foreign funds started to exit the market.

As soon as I saw the change I changed my predictions.

Wise members will understand Maharaja.Very sad that some people only know to throw mud.

Maharaja

I agree with you Maharaja. Your forecasts were based on the prevailing situation at that time until we came to realize that the so called yahapalanaya was really a 'WOLF IN SHEEP'S CLOTHING' by a series of fraudulent acts committed which lead to a virtual collapse of the economy. Most of us believed that Sri Lanka would be a future Hong-Kong but sadly it turned out to be 'Goo-Kong'. Thanks to the so called yahapalana.

THE TRUE PICTURE OF SO CALLED 'YAHAPALANAYA'As investors in the CSE we should certainly favor a regime which could attract FDIs and hence make the nation's economy & CSE flourish. Yahapalanya has miserably failed in that score and the chances are rather remote that they could correct the present plight. Now they are blaming international factors, but the hard truth is the rot started from inside.

For me, i could see faces of JO members in the middle of this picture.

Maharaja

Interest rates already must go 1% up. But idiots at central bank forcefully stopped increase at last policy review. These fools do not understand that interest rates must adjust according to money supply & inflation. At next policy review definitely cbsl rates must go up and therefore all banks and nbfis too.

Also share market will test 5500 support along with interest rate hike. And market unfriendly budget coming soon.

janith123

Senior Equity Analytic

Posts : 53Equity Stars : 905Reputation : 6Join date : 2016-08-04

Maharaja you are pretty correct .i agree with you .it is not 1% may be gradually increased from 2% percent .this will depend on us midterm election which is test for trump .hopefully Gop wil lead house and senate again with flourising economy .Another tax imposed on chinese e commerce packets from next year . Which will harm 25 % of chinese imports to usa .upto now Us win the trade battle .Srilanka should adjust export based industry with new technology and tourism

Interest rates already must go 1% up. But idiots at central bank forcefully stopped increase at last policy review. These fools do not understand that interest rates must adjust according to money supply & inflation. At next policy review definitely cbsl rates must go up and therefore all banks and nbfis too.

Also share market will test 5500 support along with interest rate hike. And market unfriendly budget coming soon.

Maharaja

Thanks Maharaja. But what will be the impact of the slowing of the private sector credit growth???

Below 2 graphs show how US stock market ran a 10 year Bull market under ultra low interest rates. We in Sri Lanka don't need such ultra low rates but decent interest rates for SMEs and economy to grow. When MR left in Jan 2015 we could borrow at 9% to 9.5% a conducive rates for SMEs to grow. Now the interest rates have already shot up and we all know the consequences

How US S&P has run a 10 Year Bull run after the economic recession of 2008-2009

For another 250 points there is no proper support for the market. We can see sudden downward movements till 5500 psychological level.

Maharaja

While I agree that FUNDAMENTALLY there is a STRONG possibility of this happening before end of this year let us all as investors of CSE hope, I repeat HOPE that at least at this level the market will stabilise.

But if the rupee continue to depreciate, 3rd quarter company results are negative, GDP continue to grow around dismal 3%-4% and below other South Asian countries & Central Bank increase the Interest rates, THEN we could see no further HOPE for CSE this year and the market would be declining as predicted by you

DS Wijesinghe

@nosf766 wrote:Interest rates going up - 5 Year Bond - 1.30% up in 1 month, Rupee Sliding and people still buying banks and insurance companies

We must accept that current Colombo Stock Exchange reflect 2 factors. It reflects both known facts and future expectations

1. Overall performance of CSE & it's individual companies and the country's economy in the recent past years which are quite known to investors now.

2. What investors Predict the future prospects of the Country & CSE's individual companies.

All stock market analysts look forward to the future more than past. They PREDICT the future. BUT Benjamin Graham calls upon investors to emphasize on PROTECTION, i.e. protecting their wealth against future downfalls. Do not OVERPAY for a Stock and ensure you have adequate Margin of Safety on the price you pay, a price which can absorb a distressed future market.

Though we Invest in the Present we Invest for the Future. Under any market condition the Future is entirely Uncertain. Any way SL is right now in a deep economic recession, interest rates & USD going up, rapidly falling Foreign Investments, Poor GDP growth, unimpressive corporate earnings.

reyaz

Manager - Equity Analytics

Posts : 233Equity Stars : 3113Reputation : 6Join date : 2011-03-10

Maharaja and to whoever else this concerns,

There are shares of over 200 companies to trade. If you pay attention to the political situation of Sri Lanka its not that bad. There are things that people missed such as the release of the passport of Namal Rajapakse few hours before his father's saga, he went to China to get more loans and recover monies (commission stolen from the public) back to the country.

In the meantime Arjun Aloysius is to be released upon his application for bail application being accepted by the fort magistrates court. If he is released he will be able to take action to buy shares which the foreigners sold(this is the only way perpetual treasury can make thumping profits)

samaritan

@Maharaja wrote:Market will return to red and dark red if Mahinda is going to loose power.If he loose power, I guarantee ASI will break 5500.

Maharaja

I am of the opinion MR could continue as PM with newly appointed cabinet as the constitution empowers the President with powers to do so.Showing majority may not change this position as the SC ruling is pending. In the mean time MR's govt budget will be presented and when that's defeated the Parliament has to be dissolved and pave the way for a general election. If that happens the market would turn bullish as the result will be in favor of MR by an unprecedented margin of votes.